NOT LISTED FOR SALE

450 W University Dr Unit 4 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $551,000 - $695,000

2 Beds
1 Bath
650 Sq Ft
10,454 Sq Ft Lot

Highlights

  • 0.24 Acre Lot
  • Corner Lot
  • Eat-In Kitchen
  • Franklin at Brimhall Elementary School Rated A
  • No HOA
  • No Interior Steps

About This Home

As of March 2016

Great, 2 bedroom, 1 bathroom end unit. Well maintenance 4 plex with shared yard area and separate storage with washer and dryer hook-up. Kitchen is very nicely updated and large with extra storage space. Unit available March 1st. Tile throughout. This property is located close to shopping, schools and restaurants and easy access to the freeways. Rental Application is located under the documents tab.

Last Agent to Rent the Property

Ann Gregory

Gregory Real Estate and Mgnt License #BR543155000 Listed on: 01/29/2016

Last Renter's Agent

Ann Gregory

Gregory Real Estate and Mgnt License #BR543155000 Listed on: 01/29/2016

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,339

Year Built

  • Built in 1965

Lot Details

  • Two or More Common Walls
  • Desert faces the front and back of the property
  • Wood Fence

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 650 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

  • Emerson Elementary School
  • Westwood High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Outdoor Storage
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • None 4 Plex Subdivision

Listing and Financial Details

  • Property Available on 3/1/16
  • Rent includes water, sewer
  • 12-Month Minimum Lease Term
  • Tax Lot 4
  • Assessor Parcel Number 135-25-050-A

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,339

Year Built

Built in 1965

Lot Details

0

Rental Info

  • Rent Includes: Water, Sewer
  • Available Date: 2016-03-01

Listing Details

  • Cross Street: University and Country Club
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1965
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.75
  • Lease Term Minimum Lease Term Months: 12
  • Directions: West on University to Vineyard Complex on NE corner of Vineyard and University.
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.24
  • Subdivision Name: None - 4-Plex
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Owner
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 650.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Disposal2: Yes
  • Community Features:Near Bus Stop: Yes

Exterior Features

  • Fencing: Wood
  • Exterior Features: Storage
  • Lot Features: Alley, Corner Lot, Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Brick, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Separate Strge Area, Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Association: No

Schools

  • Elementary School: Emerson Elementary School
  • High School: Westwood High School
  • Middle Or Junior School: Other

Lot Info

  • Lot Size Sq Ft: 10454.0
  • Parcel #: 135-25-050-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 135.00
  • Tax Lot: 4
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2021
Sold by
Vo Quynh D and Miskovic Velizar
Bought by
Jain Shalabh and Gupta Neha
Current Estimated Value
$616,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Outstanding Balance
$361,393
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$265,515

Purchase Details

Closed on
Jan 8, 2019
Sold by
450 University Llc
Bought by
Vo Quynh D and Miskovic Velizar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2008
Sold by
Kai John L
Bought by
450 University Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2008
Sold by
Noble Property Acquisitions Llc
Bought by
Kai John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2008
Sold by
Cohen Daniel
Bought by
Noble Property Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2007
Sold by
D & J Cohen Llc
Bought by
Cohen Daniel

Purchase Details

Closed on
Sep 2, 2005
Sold by
Cohen Daniel
Bought by
D & J Cohen Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 6, 2005
Sold by
Cohen Barbara
Bought by
Cohen Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 31, 2003
Sold by
Burgher Jon R and Burgher Michelle
Bought by
J R Burgher Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,250
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2003
Sold by
Burgher Jon R
Bought by
Burgher Jon R and Burgher Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,250
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2002
Sold by
Burgher Michelle L
Bought by
Burgher Jon R

Purchase Details

Closed on
Sep 13, 2002
Sold by
Legrande Investments Llc
Bought by
Burgher Jon R

Purchase Details

Closed on
Jun 23, 2000
Sold by
Burgher Jon R and Burgher Michelle L
Bought by
Legrande Investments Llc

Purchase Details

Closed on
Jul 18, 1997
Sold by
Bicer Sakif and Zak Sherry
Bought by
Burgher Jon R and Burgher Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
7.58%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 10, 1997
Sold by
Tiffany Llc
Bought by
Bicer Sakif and Zak Sherry

Purchase Details

Closed on
Mar 17, 1997
Sold by
Currie Glenn S and Currie Barbara H
Bought by
Tiffany Llc

Purchase Details

Closed on
Aug 30, 1995
Sold by
Bruhn Jeffry C and Bruhn Jeffrey C
Bought by
Currie Glenn and Currie Barbara H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 24, 1977
Sold by
Hutchison Frank L and Hutchison Gwendolyn J
Bought by
Banchik Norman and Banchik Helen
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jain Shalabh $525,000 Clear Title Agency Of Az
Vo Quynh D -- Equity Title
Vo Quynh D $305,000 Equity Title Agency Inc
450 University Llc -- None Available
Kai John L $245,000 Fidelity National Title
Cohen Daniel -- Fidelity National Title
Noble Property Acquisitions Llc $223,500 Fidelity National Title
Cohen Daniel -- None Available
D & J Cohen Llc -- --
Cohen Daniel -- Ticor Title Agency Of Az Inc
Cohen Daniel $297,000 Ticor Title Agency Of Az Inc
J R Burgher Properties Llc -- Stewart Title & Trust Of Pho
Burgher Jon R -- Stewart Title & Tr Phoenix
Burgher Jon R -- Stewart Title & Trust
Burgher Jon R -- Stewart Title & Trust
Legrande Investments Llc -- --
Burgher Jon R $118,000 Stewart Title & Trust
Bicer Sakif $97,000 Chicago Title Insurance Co
Tiffany Llc -- Chicago Title Insurance Co
Currie Glenn $83,000 Fidelity Title
Banchik Norman -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Shalabh $393,750
Previous Owner Miskovic Velizar $207,950
Previous Owner Miskovic Velizar $207,768
Previous Owner Vo Quynh D $228,750
Previous Owner Kai John L $238,000
Previous Owner Cohen Daniel $237,600
Previous Owner Burgher Jon R $122,250
Previous Owner Burgher Jon R $94,400
Previous Owner Currie Glenn $900,000
Closed Burgher Jon R $11,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2016 03/08/16 Rented $650 0.0% --
03/01/2016 03/01/16 Under Contract -- -- --
03/01/2016 03/01/16 Price Changed $650 +8.5% $1 / Sq Ft
01/29/2016 01/29/16 For Rent $599 +8.9% --
02/14/2014 02/14/14 Rented $550 +10.0% --
02/14/2014 02/14/14 Under Contract -- -- --
11/07/2013 11/07/13 For Rent $500 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,339 $13,640 -- --
2024 $1,350 $12,991 -- --
2023 $1,350 $48,860 $9,770 $39,090
2022 $1,322 $32,580 $6,510 $26,070
2021 $1,338 $27,620 $5,520 $22,100
2020 $1,321 $24,320 $4,860 $19,460
2019 $1,234 $20,110 $4,020 $16,090
2018 $1,184 $17,730 $3,540 $14,190
2017 $1,149 $14,960 $2,990 $11,970
2016 $1,128 $14,200 $2,840 $11,360
2015 $1,060 $12,860 $2,570 $10,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5390830

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-25-050A